Honda Cars price in India set to increase from January 2017

Following Tata, Hyundai, Toyota, Nissan, Datsun, & Renault; Honda Cars India is set to follow suit. New Honda Cars price will see an increase of up to 3% and will be implemented from 1st January 2017.

Speaking about the reason behind the increase in price hike, Honda Cars India stated – “Due to the increasing pressure on input costs and fluctuating exchange rates, we are forced to consider increasing the car prices across our line-up. The increased price will be effective from first week of January 2017.”

Honda Cars which sell the City, Jazz, Amaze, Brio, Mobilio, BR-V, CR-V and Accord Hybrid in India. For November 2016, the company registered a decline in domestic sales. Sales of car brands have been largely affected due to demonetization. Almost every car maker has registered a decline in sales in November 2016.

Honda Cars India registered sales of 8,029 units as against 14,712 units which were sold in November 2015. This is a massive decline of 44%. Exports for Nov 16 stood at 697 units. Below is a break up of their car sales for the month –